LSE:GFHG

Stock Analysis Report

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Executive Summary

Grand Fortune High Grade Limited develops and operates financial training courses in China.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Grand Fortune High Grade's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GFHG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

GFHG

2.5%

GB Professional Services

2.0%

GB Market


1 Year Return

-20.6%

GFHG

4.8%

GB Professional Services

-12.5%

GB Market

Return vs Industry: GFHG underperformed the UK Professional Services industry which returned 6.2% over the past year.

Return vs Market: GFHG underperformed the UK Market which returned -12.4% over the past year.


Shareholder returns

GFHGIndustryMarket
7 Day0%2.5%2.0%
30 Day0%7.9%3.8%
90 Day0%2.1%-7.3%
1 Year-20.6%-20.6%7.2%4.8%-8.3%-12.5%
3 Year-35.7%-35.7%33.0%23.9%-5.9%-17.4%
5 Yearn/a101.7%79.0%12.9%-12.4%

Price Volatility Vs. Market

How volatile is Grand Fortune High Grade's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Grand Fortune High Grade undervalued compared to its fair value and its price relative to the market?

4.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GFHG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GFHG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GFHG is unprofitable, so we can't compare its PE Ratio to the Professional Services industry average.

PE vs Market: GFHG is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GFHG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GFHG is overvalued based on its PB Ratio (4.1x) compared to the GB Professional Services industry average (2.3x).


Next Steps

Future Growth

How is Grand Fortune High Grade forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.3%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Grand Fortune High Grade has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Grand Fortune High Grade performed over the past 5 years?

-13.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GFHG is currently unprofitable.

Growing Profit Margin: GFHG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GFHG is unprofitable, and losses have increased over the past 5 years at a rate of -13% per year.

Accelerating Growth: Unable to compare GFHG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GFHG is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (9.7%).


Return on Equity

High ROE: GFHG has a negative Return on Equity (-17.35%), as it is currently unprofitable.


Next Steps

Financial Health

How is Grand Fortune High Grade's financial position?


Financial Position Analysis

Short Term Liabilities: GFHG's short term assets (£2.7M) exceed its short term liabilities (£18.3K).

Long Term Liabilities: GFHG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GFHG is debt free.

Reducing Debt: GFHG had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GFHG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: GFHG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 32.2% each year


Next Steps

Dividend

What is Grand Fortune High Grade's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GFHG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GFHG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GFHG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GFHG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GFHG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average board tenure


CEO

Wong Chun

2.58yrs

Tenure

Wong Lee Chun has been Chief Executive Officer and Director at Grand Fortune High Grade Limited since October 27, 2017. 


Board Members

NamePositionTenureCompensationOwnership
Kit Law
Chairman & CFO4yrsno data17.4% £1.9m
Wong Chun
CEO & Director2.58yrsno datano data
Angus Irvine
Non-Executive Director2.58yrsno datano data
Anthony Wannacott
Non-Executive Director2.58yrsno datano data

2.6yrs

Average Tenure

Experienced Board: GFHG's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Grand Fortune High Grade Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Grand Fortune High Grade Limited
  • Ticker: GFHG
  • Exchange: LSE
  • Founded: 2015
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: UK£10.800m
  • Shares outstanding: 160.00m
  • Website: https://www.gf-hg.com

Location

  • Grand Fortune High Grade Limited
  • Willow House
  • Cricket Square
  • Grand Cayman
  • KY1-1107
  • Cayman Islands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GFHGLSE (London Stock Exchange)YesOrdinary SharesGBGBPMay 2017

Biography

Grand Fortune High Grade Limited develops and operates financial training courses in China. It offers family office operations training, wealth management certification, capital management and operation, and SME practice training courses, as well as online financial education services. The company was formerly known as New Horizons Ultra Limited and changed its name to Grand Fortune High Grade Limited in May 2016. Fortune High Grade Limited was incorporated in 2015 and is based in Grand Cayman, the Cayman Islands. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 02:08
End of Day Share Price2020/05/29 00:00
Earnings2019/10/31
Annual Earnings2019/04/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.